Layoffs

915 posts

Inside Jane Fraser's Ruthless Remake of Citigroup and What It Means for Bank Jobs

Citigroup is cutting 1,000 jobs this week on the way to 20,000 by the end of 2026 under CEO Jane Fraser. Here is what her remake means for bank careers.

July 16, 2026Read Article

How to Job Search With AI After a Layoff

A layoff turns a job search into a scramble. Here is how to use AI to build a focused comeback plan, rebuild your resume, and frame the layoff honestly.

July 14, 2026Read Article

Most US Workers Now Back an AI Wealth Fund as Tech Layoffs Mount

A new poll finds 69% of Americans back an AI sovereign wealth fund as tech layoffs mount and Goldman warns 15 million jobs could shift. What it means.

July 13, 2026Read Article

Layoffs

Amazon Layoffs Are Crushing Workers in an Already Saturated Job Market

Amazon cut roughly 16,000 jobs in January after 14,000 months earlier, its steepest layoffs ever, pushing skilled workers into a brutally crowded tech market.

July 13, 2026Read Article

Layoffs

Thousands of Auto Jobs Hang on Volkswagen's Boardroom Budget Fight

Volkswagen weighs up to 100,000 job cuts and four German plant closures as its board stalls the plan. What the VW budget fight means for auto workers now.

July 11, 2026Read Article

Layoffs

121,072 US Tech Jobs Cut in 2026 and How to Land the Next One

The US logged 121,072 tech job cuts in 2026, the most of any country. See the full numbers, the AI driver behind them, and what laid-off workers can do next.

July 11, 2026Read Article

Matte black wireless home speaker on a pale wood shelf in soft window light

Layoffs

Sonos Layoffs Cut 15 Year Veterans and Show Tenure No Longer Protects Your Job

Sonos cut 3% of staff, then pushed out top design and product leaders with 10-plus-year tenures. What the churn signals for hardware and tech job seekers.

July 9, 2026Read Article

Glass banking tower at dusk in an Asian financial district with half-lit floors

Layoffs

What Santander's Asia Restructuring Means for Banking Jobs and Perks

Santander has cut roughly 14,000 jobs in two years and is now scrapping Asia perks and adding weekly reports. What it means for banking jobs and benefits.

July 9, 2026Read Article

Long receding row of sealed pay envelopes with a blank desk calendar and folded glasses

Layoffs

Microsoft's Layoff Payout Starts at 60 Days and Scales to 39 Weeks of Pay by Job Level

Microsoft is offering laid-off US staff up to 39 weeks of base pay, starting from a 60-day minimum. Here is what the severance includes and how to weigh it.

July 9, 2026Read Article

News

200 Retail Jobs Are on the Line as John Lewis Scales Back Services

200 John Lewis jobs are at risk, including 125 full-time roles, as it closes bureau de change and gift-wrapping desks across dozens of stores this autumn.

July 8, 2026Read Article

News

1,800 Allianz Jobs Are Vanishing as AI Takes Over the Claims Desk

1,800 Allianz jobs are being cut as AI takes over claims and call centers, part of a 2026 wave that named AI in 101,743 US layoffs. Protect your career now.

July 8, 2026Read Article

Klarna Cut Its Staff for AI, Now It Wants a Banking License

Klarna cut its workforce nearly 40% with AI, then filed for a US bank charter on July 6, 2026. Here is what the fintech shift means for finance and tech jobs.

July 7, 2026Read Article

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